Streetbeat News

HTHIY

Hitachi Ltd.

https://www.hitachi.co.jp/

CEO

Toshiaki Higashihara

Open

51.80

Mkt cap

119B

Volume

7.9K

High

51.90

P/E Ratio

27.41

52-wk high

56.65

Low

51.66

Div yield

0.01

52-wk low

27.31

Hitachi has outperformed 6 out of 7 of the 2023 'Magnificent 7' tech stocks with a 94.9% performance over the past year, driven by its focus on electrification of renewable energy grids. Hitachi's strategic initiatives and $40 billion order backlog position it as a key player in the energy transition.

Portfolio Pulse from

December 08, 2024 | 4:45 am

Hitachi Vantara has announced Hitachi iQ for Trusted Data Infrastructure Solutions, which are built on NVIDIA's accelerated computing and AI software. These solutions aim to enhance the deployment, operations, and maintenance of AI systems.

Portfolio Pulse from

November 19, 2024 | 2:15 pm

Hitachi Rail is integrating Nvidia's AI technology to enhance railway operations, aiming to reduce maintenance costs and improve reliability. This move is part of a broader trend of AI adoption across industries.

Portfolio Pulse from Benzinga Neuro

September 25, 2024 | 2:39 am

Macquarie has identified 10 Asian stocks, including TSMC and SK Hynix, as top buying opportunities amidst global market volatility. These stocks are seen as resilient to recession fears and are expected to rebound strongly.

Portfolio Pulse from Surbhi Jain

August 07, 2024 | 1:16 pm

Hitachi is planning to sell its 40% stake in an air-conditioning joint venture with Johnson Controls.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:28 am

Kansai Electric Power Co. plans to issue Japan's second transition bond worth $191 million to fund nuclear power projects. This follows a similar issuance by Kyushu Electric Power Co. and highlights Japan's commitment to carbon neutrality by 2050. Additionally, Hitachi Ltd. issued the largest digital green bonds sale in December, amounting to $68 million.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 1:09 pm

Roche and Hitachi High-Tech have extended their 46-year partnership to advance diagnostic testing. The renewed 10-year contract aims to accelerate the availability of new solutions, including the upcoming launches of cobas® c703 & ISE neo units and cobas® Mass Spec solution.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:27 am

Mitsubishi Electric is transferring its distribution transformer business, excluding those made at its Ako Factory, to Hitachi Industrial Equipment Systems. The transfer, which includes development, design, manufacturing, sales, and maintenance, will begin in October 2024 and is expected to be completed by April 1, 2026, pending regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:02 am

Hitachi Vantara, a subsidiary of Hitachi, Ltd., has announced a collaboration with NVIDIA to develop a new portfolio of industrial AI solutions named Hitachi iQ. This initiative aims to deliver targeted AI outcomes by integrating industry-specific capabilities with its AI solution stack.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 7:26 am

Hitachi (OTC:HTHIY) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $1.72. Investors will be looking for an earnings beat and positive guidance for future growth. Historical data shows that guidance often impacts stock price more than earnings results. Hitachi's stock has risen 45.59% over the past 52 weeks, trading at $154.69 as of January 26.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 2:00 pm

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